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Is it time to start investing in Europe?

(Image Source: brecorder.com)

Recent economic data out of Europe shows that manufacturing is expanding and GDP is on the rise again. Europe has been trying to recover from their double dip recession and it looks as if it might just be over.

Stocks are currently very cheap relative to the United States, the French CAC 40 index has not recovered to it’s high of over 6,000 in 2007. In recent days the index has broken the 4,000 market but it was down 1.66% today.